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2332 17th St SW
B Composite 70.49
Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +28.9/30.0
  • ARV discount +11.3/15.0
  • DSCR +10.0/10.0
  • 1% rule +8.1/10.0
  • Livability +4.0/5.0
  • Rent growth +3.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.1/10.0
  • Appreciation +0.0/10.0

$102,000

2332 17th St SW · Akron, OH 44314
3 bd · 1.0 ba · 1,571 sqft · SingleFamily public records · 5 Days on market
Built 1919 5,227 sqft lot Est $112k · 9% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

2332 17th Street SW, Akron is ready for its new owner! Perfect for a first time buyer or investor. This 3-4 bed / 1 bath colonial with a one car garage has beautiful wood floors with wood trim and great character as soon as you walk in. Finished attic. Enclosed front porch. Exterior freshly painted. Brand new carpet. A/C to keep cool in the summer, or relax in the back bonus room. Schedule your showing today for 2332 17th Street SW, Akron.

Key facts

  • Original wood trim
  • Rear mudroom
  • Remodeled bathroom

Tags

ENCLOSED FRONT PORCHORIGINAL WOOD TRIMUPDATED LIVING ROOM FLOORINGUPDATED DINING ROOM FLOORINGREMODELED BATHROOMREAR MUDROOM

Property features AI

Finance

  • Other: No additional financial or community details available
  • Financial info: Tax information not included
  • HOA & community: HOA information not specified

Exterior

  • Parking: Detached 1-car garage; Driveway
  • Security: Security features not specified
  • Utilities: Public water; Public sewer
  • Home design: 2 stories; Above-grade finished area reported as 1,571
  • Construction: Asphalt fiberglass shingle roof; Year built from public records
  • Exterior features: Enclosed porch; Patio; Porch; Chain link and privacy fencing; Lot approximately 45 x 120

Interior

  • Kitchen: Dishwasher; Microwave; Range; Refrigerator
  • Bedrooms: Bedrooms not specified
  • Flooring: Flooring details not specified
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Forced air heating (gas); Central air conditioning
  • Interior features: Full basement; 7 total rooms
  • Laundry & utility: Washer and dryer in basement

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $102k.

Deal economics

  • At list price, monthly cash flow is $345 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $102k).
  • Cap rate 10.3% vs local median 6.6% in Akron — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 81/100 on livability (#104 in OH, #1,591 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F, employment F.
  • Akron City (urban): math 22% / reading 30% proficiency, ranked #602 of 656 in OH (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+3.9%/yr); 104 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
  • This rent runs 34% of the median local income ($47k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $705 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Summit County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-3.0% appreciation + 3.9% rent growth), your $29k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
  • 5 sale attempts since 27y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $65k; list at $102k implies a 57% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1919 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $102,000

Questions for the listing agent

  1. Built in 1919 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.31%
Cap rate
10.35%
Cash-on-cash
14.48%
DSCR
1.64
GRM
6.4

CMA / ARV

ARV (on-the-fly)
$111,541
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
867 Battles Ave 0.49mi 4/1.5 (+1) 1,597 (+2%) 6mo $111,900 $70 62
1037 Harpster Ave 0.33mi 3/2.5 1,739 (+11%) 1mo $175,000 $101 60
962 Iona Ave 0.55mi 3/1.0 1,443 (-8%) 2mo $132,000 $91 59
2246 7th St SW 0.57mi 3/1.5 1,487 (-5%) 5mo $106,000 $71 58
721 Polk Ave 0.67mi 3/1.5 1,500 (-4%) 4mo $70,000 $47 56
2190 21st St SW 0.34mi 4/1.0 (+1) 1,403 (-11%) 7mo $123,000 $88 56
1223 Florida Ave 0.51mi 3/2.0 1,391 (-12%) 2mo $143,000 $103 51
2271 5th St SW 0.68mi 2/2.0 (-1) 1,508 (-4%) 3mo $95,000 $63 50
898 Iona Ave 0.55mi 4/2.0 (+1) 1,698 (+8%) 6mo $51,000 $30 47
2238 7th St SW 0.57mi 4/1.0 (+1) 1,721 (+10%) 7mo $93,000 $54 47
600 Florida Ave 0.71mi 3/1.5 1,368 (-13%) 4mo $120,000 $88 40
1263 W Waterloo Rd 0.72mi 3/2.5 1,369 (-13%) 4mo $70,000 $51 36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.91% rent growth · sell at horizon

5-year hold
IRR
5.9%
Equity multiple
1.23×
Total profit
$6,679
Equity at exit
$15,209
10-year hold
IRR
16.2%
Equity multiple
2.38×
Total profit
$39,345
Equity at exit
$8,819

Cash invested: $28,560 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
73 Landlord-Friendly
State Ohio
73 Landlord-Friendly · R+6
County
— inherits STATE
City
— inherits STATE
3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

ZIP-level market 44314

Rents YoY
3.9%
Active inventory
104
Price-to-rent
6.4×

Monthly cashflow live

Estimated rent
$1,338 high interval (Pro) →
Mortgage (P&I)
$535
Tax from tax record
$135 /mo · $1,624/yr
Insurance
$42
HOA
$0
Vacancy / Maint / Mgmt
$281
Net cashflow
$345

Break-even live

Break-even rent $902
Max offer price $102,000
Occupancy floor 69%

Sensitivity live

Price -10% $402 -5% $373 +0% $345 +5% $316 +10% $287
Rent -10% $239 -5% $292 +0% $345 +5% $397 +10% $450
Rate -1.0pp $396 -0.5pp $371 base $345 +0.5pp $318 +1.0pp $291

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$25,500
Closing costs
$3,060
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 14 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2211 18th St SW Akron, OH 3.0 1.0 1332 $1,250 $0.94 14d 1 0.25mi
1029 Harpster Ave Akron, OH 4.0 1.0 1403 $1,250 $0.89 14d 1 0.33mi
2222 12th St SW Akron, OH 3.0 1.5 1270 $1,050 $0.83 44d 1 0.35mi
2250 11th St SW Akron, OH 3.0 1.0 1308 $1,350 $1.03 14d 1 0.37mi
2163 13th St SW Akron, OH 3.0 2.5 1480 $1,150 $0.78 44d 1 0.41mi
2160 12th St SW Akron, OH 3.0 1.0 1445 $1,300 $0.90 44d 1 0.44mi
720 Florida Ave Akron, OH 4.0 1.0 1124 $1,500 $1.33 14d 1 0.49mi
773 Montana Ave Akron, OH 3.0 1.5 1128 $1,195 $1.06 24d 1 0.56mi
1292 W Wilbeth Rd Akron, OH 3.0 1.0 1248 $1,200 $0.96 21d 1 0.62mi
875 Harrison Ave Akron, OH 3.0 1.0 1157 $1,150 $0.99 14d 1 0.64mi
721 Polk Ave Akron, OH 3.0 1.5 1500 $1,600 $1.07 24d 1 0.68mi
1304 Kellogg Ave Akron, OH 2.0 2.0 1148 $2,000 $1.74 14d 1 0.73mi
760 Lakewood Blvd Akron, OH 3.0 2.0 1398 $1,150 $0.82 24d 1 1.16mi
527 Brady Ave Akron, OH 3.0 1.5 1416 $1,395 $0.99 44d 1 1.17mi

Listing history 10 events

  1. 2026-05-20
    listed $102,000 Active
  2. 2021-12-09
    soldstatus $65,000
  3. 2021-12-08
    soldstatus $65,000 Closed 443-char remark
    Show marketing remark (443 chars)

    2332 17th Street SW, Akron is ready for its new owner! Perfect for a first time buyer or investor. This 3-4 bed / 1 bath colonial with a one car garage has beautiful wood floors with wood trim and great character as soon as you walk in. Finished attic. Enclosed front porch. Exterior freshly painted. Brand new carpet. A/C to keep cool in the summer, or relax in the back bonus room. Schedule your showing today for 2332 17th Street SW, Akron.

  4. 2021-10-21
    status Pending 443-char remark
    Show marketing remark (443 chars)

    2332 17th Street SW, Akron is ready for its new owner! Perfect for a first time buyer or investor. This 3-4 bed / 1 bath colonial with a one car garage has beautiful wood floors with wood trim and great character as soon as you walk in. Finished attic. Enclosed front porch. Exterior freshly painted. Brand new carpet. A/C to keep cool in the summer, or relax in the back bonus room. Schedule your showing today for 2332 17th Street SW, Akron.

  5. 2021-10-18
    status Active 443-char remark
    Show marketing remark (443 chars)

    2332 17th Street SW, Akron is ready for its new owner! Perfect for a first time buyer or investor. This 3-4 bed / 1 bath colonial with a one car garage has beautiful wood floors with wood trim and great character as soon as you walk in. Finished attic. Enclosed front porch. Exterior freshly painted. Brand new carpet. A/C to keep cool in the summer, or relax in the back bonus room. Schedule your showing today for 2332 17th Street SW, Akron.

  6. 2021-09-29
    status Active 443-char remark
    Show marketing remark (443 chars)

    2332 17th Street SW, Akron is ready for its new owner! Perfect for a first time buyer or investor. This 3-4 bed / 1 bath colonial with a one car garage has beautiful wood floors with wood trim and great character as soon as you walk in. Finished attic. Enclosed front porch. Exterior freshly painted. Brand new carpet. A/C to keep cool in the summer, or relax in the back bonus room. Schedule your showing today for 2332 17th Street SW, Akron.

  7. 2021-08-27
    status Pending 443-char remark
    Show marketing remark (443 chars)

    2332 17th Street SW, Akron is ready for its new owner! Perfect for a first time buyer or investor. This 3-4 bed / 1 bath colonial with a one car garage has beautiful wood floors with wood trim and great character as soon as you walk in. Finished attic. Enclosed front porch. Exterior freshly painted. Brand new carpet. A/C to keep cool in the summer, or relax in the back bonus room. Schedule your showing today for 2332 17th Street SW, Akron.

  8. 2021-08-24
    listed $64,900 Active 443-char remark
    Show marketing remark (443 chars)

    2332 17th Street SW, Akron is ready for its new owner! Perfect for a first time buyer or investor. This 3-4 bed / 1 bath colonial with a one car garage has beautiful wood floors with wood trim and great character as soon as you walk in. Finished attic. Enclosed front porch. Exterior freshly painted. Brand new carpet. A/C to keep cool in the summer, or relax in the back bonus room. Schedule your showing today for 2332 17th Street SW, Akron.

  9. 2000-01-10
    soldstatus $55,500
  10. 1999-06-08
    listed $56,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

Current annual tax
$1,624 · $135/mo
Projected year-2 tax
$1,624 · $135/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$16,060
− Mortgage interest
−$5,714
− Property taxes
−$1,624
− Insurance
−$510
− Repairs & maintenance
−$1,285
− Management
−$1,285
− Depreciation
−$2,967
Taxable income
$2,676
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$642
After-tax cash flow
$3,493/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Akron City
NCES district ID
3904348
Math proficiency
22% ▼ -17.00%
Reading proficiency
30% ▼ -12.00%
Median HH income
$33,811
Composite
21.31/100
National rank
#8383
State rank
#602 of 656 in OH

Livability — Akron

Score
81/100
State rank
#104
US rank
#1591

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment F Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Akron, OH
County
Summit County · 440,783 people
City population
174,375
Metro
Akron, OH
Population (ZIP)
17,885
Household income
$47,468
Rent vs Own
48.0% rent · 52.0% own
Severe rent burden
975.0

Population outlook (Summit County) Hauer SSP2

Today (2025)
546,583 people
By 2030
544,028 · -0.5%
By 2040
531,363 · -2.8%
By 2050
514,923 · -5.8%
By 2075
481,765 · -11.9%
By 2100
432,265 · -20.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (69%)
Race & ethnicity
White 69% Black 16% Two or more races 12% Hispanic / Latino 3% Asian 3%
Common ancestry
Slovak 2% Romanian 2% Lithuanian 1%
Foreign-born
3% · India, Canada, Philippines
Languages at home
96% English-only · Chinese 2% Russian/Polish/Slavic 1% Spanish 1%

Political lean MEDSL · Summit

2024 margin
Lean D (+7.0) · D 53.0% · R 46.0%
2008→2024 swing
-9.6pp toward R · 2008: 16.6pp · 2024: 7.0pp
All cycles
2024: D+7.0 2020: D+9.6 2016: D+8.2 2012: D+14.8 2008: D+16.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -166.61%
Current HPI
151.066
Rent YoY
▲ 3.91%
Metro
Akron, OH
State GDP YoY
▲ 1.98%
F500 in state
48

Industry mix (Fortune 500 HQ in OH)

Industry F500 HQs Revenue

Price history

+80.5% since first listed
10 events — show timeline
  • 2026-05-20 Listed $102,000 MLSNOW
  • 2021-12-09 Sold (Public Records) $65,000 Public Records
  • 2021-12-08 Sold (MLS) $65,000 MLSNOW
  • 2021-10-21 Pending MLSNOW
  • 2021-10-18 Relisted MLSNOW
  • 2021-09-29 Relisted MLSNOW
  • 2021-08-27 Pending MLSNOW
  • 2021-08-24 Listed $64,900 MLSNOW
  • 2000-01-10 Sold (Public Records) $55,500 Public Records
  • 1999-06-08 Listed $56,500 MLSNOW

Property tax history

+0.7%/yr

Latest (2025): $1,624 · +0.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…